NOT LISTED FOR SALE

40 Daniels St Unit 1 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $641,000 - $687,000

2 Beds
2 Baths
1,126 Sq Ft
$201/mo HOA Fee

Last Sold February 22, 2022

Last sale price $605,000 $537 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,312/month

4 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Solid Surface Countertops
  • Custom Closet System
  • Wood Flooring
  • 2-minute walk to Swiniuch Park

About This Home

As of February 2022

Spectacular Water Views! Enjoy the sunrise over Salem Harbor from the spacious wrap around deck or from almost any room of this fantastic condo. Just steps to the water, in the heart of historic Salem, this 1st floor gem offers one level living, 2 expansive bedrooms, a cozy wood burning fireplace, and Brazilian cherry hardwood floors. The kitchen features maple cabinetry, generous counter and cabinet space, a wine fridge, a backsplash crafted from hand painted Turkish tiles, and 3 yr young appliances. The primary bedroom opens to the deck, has a walk-in cedar closet and a private bath with a beautifully tiled step-in shower. This well appointed home includes a 1 yr old split mini ductless cooling/heating system with 3 zones, in-unit laundry, Andersen doors and windows, and a whole house water filtration system. Well run association with low condo fees, off street parking, and additional basement storage.

Last Agent to Sell the Property

Team Curtin - Tim And Jody

Leading Edge Real Estate Listed on: 01/13/2022

Last Buyer's Agent

Steve Bremis

Steve Bremis Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,932

Year Built

  • 1900

HOA Fees

  • $201 per month

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Dining Area

Kitchen

  • Wine Cooler
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Custom Closet System
  • Cedar Closet
  • Dual Closets
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Deck

Utilities

  • 3 Cooling Zones
  • 3 Heating Zones

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,932

Year Built

1900

Lot Details

0

HOA Fees

$201 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Directions: Derby to Kosciusko St. At end of Kosciusko turn left onto Daniels. Home faces Harbor
  • Garage Yn: No
  • Structure Type: Garden
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer,Wine Refrigerator, Gas Water Heater
  • Entry Location: Unit Placement(Street)
  • Fireplace Features: Living Room
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood, Recessed Lighting, Closet - Double
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Cedar Closet(s), Flooring - Hardwood, Deck - Exterior, Recessed Lighting
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Room Kitchen Level: First
  • Room Kitchen Features: Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting, Wine Chiller
  • Room Living Room Level: First
  • Room Living Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Deck - Exterior, Open Floorplan, Recessed Lighting, Slider, Closet - Double
  • MAIN LO: C95243
  • MAIN SO: AN5028
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Hardwood, Stone / Slate
  • Stories: 1

Exterior Features

  • Roof: Rubber
  • Disclosures: Property Is Located In A Flood Zone. Currently Using Split Mini Ductless As The Primary Heat Source With Gas Heat As Back Up. Gas Heat Has 1 Zone. Some Minor Scratches On Hardwoods. Pets Need Approval.
  • Patio And Porch Features: Covered
  • Waterfront Features: Waterfront, Beach Front, Ocean, Harbor, Harbor, Ocean, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Cooling: Ductless
  • Heating: Baseboard, Natural Gas, Ductless
  • HEAT ZONES: 3
  • COOLING ZONES: 3
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Main Level, First Floor, In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • MANAGEMENT: Owner Association
  • Association Fee: 201
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Marina, Private School, Public School, T-Station, University
  • Pets Allowed: Breed Restrictions

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Reserve Funds

Lot Info

  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • Farm Land Area Units: Square Feet
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5574
  • Tax Book Number: 14670
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Feb 22, 2022
Sold by
Dawson James A and Docekal-Dawson Diane
Bought by
Abramson Daniel B
Seller's Agent
Team Curtin - Tim And Jody
Leading Edge Real Estate
Buyer's Agent
Steve Bremis
Steve Bremis Realty Group
List Price
$569,000
Sold Price
$605,000
Premium/Discount to List
$36,000
6.33%
Current Estimated Value
$671,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,007
Avg. Annual Appreciation
2.78%
Original Mortgage
$484,000
Outstanding Balance
$449,431
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$221,576

Purchase Details

Closed on
Mar 15, 1996
Sold by
Kline Stuart and Citizens Bk Of Mass
Bought by
Citizens Bank Mass
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abramson Daniel B $605,000 None Available
Citizens Bank Mass $104,975 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abramson Daniel B $484,000
Previous Owner Citizens Bank Mass $55,000
Previous Owner Citizens Bank Mass $30,000
Previous Owner Citizens Bank Mass $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2022 02/22/22 Sold $605,000 +6.3% $537 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $569,000 -- $505 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,932 $611,300 $0 $611,300
2024 $6,949 $598,000 $0 $598,000
2023 $6,628 $529,800 $0 $529,800
2022 $5,574 $420,700 $0 $420,700
2021 $5,426 $393,200 $0 $393,200
2020 $5,401 $373,800 $0 $373,800
2019 $4,921 $352,600 $0 $352,600
2018 $5,160 $335,500 $0 $335,500
2017 $5,066 $319,400 $0 $319,400
2016 $4,878 $311,300 $0 $311,300
2015 $4,744 $289,100 $0 $289,100
Source: Public Records

Agents Affiliated with this Home

  • Team Curtin - Tim And Jody

    Seller's Agent in 2022

    Team Curtin - Tim And Jody

    Leading Edge Real Estate

    (978) 766-3574

    1 in this area

    30 Total Sales

    Team Curtin - Tim And Jody
    Section Image
  • Steve Bremis

    Buyer's Agent in 2022

    Steve Bremis

    Steve Bremis Realty Group

    (617) 828-1070

    1 in this area

    203 Total Sales

    Steve Bremis
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72933489

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000388-000801-000801

Massachusetts Essex County Salem 01970 Derby Street

40 Daniels St Unit 1, Salem, MA

Not Listed for Sale

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